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Angling Direct Executes Share Buyback Program

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Angling Direct Executes Share Buyback Program

An update from Angling Direct Plc ( (GB:ANG) ) is now available.

Angling Direct PLC has executed a share buyback program, purchasing 100,000 of its ordinary shares at 38.5 pence each, to be held in treasury. This move is part of the company’s strategy to manage its capital structure and could potentially impact shareholder value by reducing the number of shares available in the market.

More about Angling Direct Plc

Angling Direct is a leading omni-channel specialist fishing tackle retailer in the UK, with a growing presence in Europe. Based in Norfolk, UK, the company operates over 50 retail stores and a digital platform, offering a wide range of fishing tackle products and related equipment. Angling Direct aims to inspire outdoor fishing experiences for everyone and emphasizes community and environmental care.

YTD Price Performance: -3.70%

Average Trading Volume: 155,247

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £29.35M

For an in-depth examination of ANG stock, go to TipRanks’ Stock Analysis page.

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